Is Sayville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sayville is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sayville was a Buyer's Market.

Key Takeaway

Sayville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sayville, NY

How much do homes in Sayville, NY cost?

Median Sold Price

$700,000

$391/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$96,500(+16.0%)

Key Takeaway

Homes in Sayville have sold for 16% more than they did a year ago.

Summary: The median home sold price in Sayville was $700,000 in November 2024, up 16% from last year, and the median price per square foot was $391.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $257.5K$285K
+10.7%
2 $445K$482K
+8.3%
3 $616K$683K
+10.9%
4 $715K$727.5K
+1.7%
5+ $675K$810K
+20.0%

Summary: Sayville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Neighborhoods

Sayville
+16.0%
Bayport
+13.0%
Holbrook
+11.5%
West Sayville
+7.0%
Bohemia
+4.9%

Housing Supply in Sayville, NY

How many homes are available in Sayville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5049-2.0%

Summary: The Sayville real estate market had 49 homes for sale in November 2024, a 2.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 108
-20.0%
3 1924
+26.3%
4 1313
0.0%
5+ 63
-50.0%

Summary: The Sayville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sayville, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Sayville in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.

Days on Market for Sayville, NY

How long does it take to sell a home in Sayville, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days20 Days-8.6%

Summary: Homes in Sayville had an average of 20 days on market in Nov 2024, down by 8.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sayville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Sayville; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Sayville, NY

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